At december 31, 2018, before any year-end adjustments, bramble company's insurance expense account had a balance of $2620 and its prepaid insurance account had a balance of $3750. it was determined that $2800 of the prepaid insurance had expired. the adjusted balance for insurance expense for the year would be

Adjusted balance of Insurance Expense A/c = $2,800

Explanation:

There is some insurance expense already charged amounting $2,620

Further out of prepaid insurance the expense for the period = $2,800

This shall also be charged to expense as relates to current period.

Therefore, total expense for the period shall be $2,620 + $2,800

For this, entry will be:

Insurance expense A/c Dr.       $2,800

       To Prepaid Insurance A/c                        $2,800

Therefore, net adjusted balance of insurance expense = $2,620 + $2,800 = $5,420

typically a loft will include modern kitchen and bathrooms, this increases the price tag. lofts also have a good amount of open space, this requires more heating and electricity. lofts are also in older buildings, this means that maintaining the location increases the bill. keep in mind this is without talking about the high state and property taxes.

i hope this you! : )

d. all of the above are true.